The Vibe Journal: Finance Blogs

Understanding key terms is crucial. These terms include default and delinquent. They are important in banking for all borrowers. This is because they help you understand what happens when you miss your EMI due date.  Paying your dues on time is a part of your loan contract. Thus, delinquency can have many negative consequences that …

Open-end credit offers you convenience and flexibility. Since it is a form of revolving credit, it helps you withdraw time and again. As long as you repay dues on time, you can access credit with ease.  What’s more, you can reduce your borrowing cost by paying interest only on what you use. In some cases, …

Understanding the difference between loans and bonds when in need of capital is crucial for any businessperson. While both of these options can secure funds to address planned or unforeseen financial needs, they have some major differences. Read on to learn about these financial instruments and how to choose the best option. An Overview of …

Your Net Monthly Income or NMI, is an important factor to consider when you opt for a loan. It is an essential component for you and the lender, as it determines your repayment capacity and loan eligibility. So, it is imperative to understand how NMI works and how to calculate it to make an informed …

An EMI payment is a simple and budget-friendly option to complete your loan repayment within the stipulated timeline. Most lenders offer numerous options, allowing you to manage the EMI amount and keep the borrowing cost within your budget. This way, you do not have to stress about making a lump sum payment.  However, paying these …

Economic growth and development are just a few outcomes of women being actively part of the formal workforce. While gender gaps in India’s labour market do exist, there has been a steady increase in women’s participation. The latest Female Labour Force Participation Rate (FLFPR) has witnessed an upward tick, with more than one-third of women …

Learning is an ongoing process and according to a report from McKinsey, employers value a wide range of skills. But amid the hustle of life, it can be easy to stagnate, especially if you don’t know your options. This is where courses for upskilling come into play. These are a great way to improve your …

Doing an online course just to learn something can be fun, but if you are looking to grow in your chosen career, give it more thought. As the new age of AI and Industry 5.0 dawns closer, companies are looking for humans to work smart alongside advanced technology.  Choosing the right course and getting a …

To say that AI has transformed the way we work is an understatement. Across industries like healthcare, manufacturing, IT, real estate, wealth advisories and more, AI has brought disruption at an unprecedented scale. As per a report by Nasscom and Boston Consulting Group, the market for AI in India will grow at a CAGR of …

There may be instances where you may have come across the question, ‘What is a current account?’. Here’s what it means.The banking sector offers different types of accounts that cater to your diverse financial needs. One such account is a current account, best suited for business owners and companies.  As such, it has some distinguishable …